The goal of this paper is to analyze consumer demand in markets with large price uncertainty. We develop a demand model for goods that are subject to habit formation. We show that consumption plans of forward looking individuals depend not only on preferences and current period prices, but also...

We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price indexes in the U.S., particularly the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). We outline salient features of the medical...

Although broad trends in medical spending in the U.S. over the last decade have received widespread attention from policymakers, very little attention has focused on the components of those changes. For many other industries, economists typically divide nominal expenditures by an official...

We develop a new method to sample from posterior distributions in hierarchical models without using Markov chain Monte Carlo. This method, which is a variant of importance sampling ideas, is generally applicable to high-dimensional models involving large data sets. Samples are independent, so...

Using administrative records data and survey data to enhance each other offers huge potential for scientific and policy-related research. Two recent changes have expanded the potential for creating such linked data: the improved availability of data sources and progress in data-matching...

This report provides a review of recent firm-level and plant-level surveys containing questions on environmental policies, innovation practices or performance which are relevant for environmental policy analysis and assessment. We specifically focus on the core element that relates environmental...

The last decade has seen a sustained surge of interest in measures of subjective well-being on the part of economists and other social scientists. The vast majority of the academic literature on subjective well-being focuses on measures of life evaluation, as does most discussion of how measures...

This policy paper sheds light on current trends in development co-operation for data and statistical systems in developing countries. It analyses trends in funding through official development assistance as well as strategic priorities and modalities for providing support. It identifies...

This paper investigates the finding that reported life satisfaction scores are significantly higher in the German Socio-Economic Panel when a third person is present during the interview. Even after controlling a variety of relevant factors, third person presence makes up a significant...

Nel lavoro argomentiamo che le conoscenze sulle imprese familiari sono del tutto inadeguate rispetto alla dimensione che il fenomeno riveste in Italia. Infatti, i pur imprecisi confronti tra Paesi europei rivelano che le imprese familiari avrebbero il massimo peso nel sistema produttivo...